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News and Insights » UMAFS Market Review- Week Ending 9/16/2016

September 19, 2016

After a fairly smooth summer, with the exception of the Brexit vote, volatility has seems to have again crept back into the market over the last couple of weeks. However, there is no need for panic, as recent volatility has remained within the bounds of typical market movements. In fact, as we close in on year-end, we would expect some continued volatility with the political and economic activities that lay ahead.

Turning to the labor market, data released last week by the Census Bureau showed that real (inflation-adjusted) median household income surged 5.2% in 2015. This increase represents the largest single-year gain on record since 1968 and demonstrates the current strength of income growth now in the U.S.

Looking forward to the week ahead, many will be anxiously awaiting any dialogue that emerges from the Federal Reserve’s two-day meeting. Janet Yellen is expected to give a post-meeting conference, providing an update on the board’s economic projections. The Bank of Japan is also scheduled to meet and review their monetary policy decisions and projections.

September 19th, 2016 @ 12:00am by UMAFS
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